Feat. Christie Leslie of @thefinancialworkout_ on Financial Goal Setting

Feat. Terri Lasater and Shannon Yerington on The Female Hustle Gene (FHG)

Summary In this episode, Jennifer Butterfield interviews Terri Lasater and Shannon Yerington about their new venture, the Female Hustle Gene (FHG), an entrepreneur coaching program for female entrepreneurs. They discuss their background and the inspiration behind starting FHG. The mission of FHG is to help women overcome challenges and achieve their goals in business and personal life. They emphasize the importance of collaboration, authenticity, and taking action. The conversation also covers the unique challenges faced by women in business, the long-term goals of FHG, and the common misconceptions about women in business. The episode concludes with a sneak peek of their upcoming podcast. In this conversation, Jennifer Butterfield and Terri Lasater discuss the challenges and strategies involved in growing a venture. They also explore the importance of building strong partnerships and the potential for future growth and collaboration. Takeaways Collaboration and authenticity are key in helping women overcome challenges and achieve their goals in business and personal life. Women face unique challenges in business, including cultural and social expectations, but these challenges can be overcome with the right mindset and support. Failure is a part of success, and it is important to learn from failures and keep moving forward. Financial success is important, but it should not be the sole focus. The impact on women's lives and the ability to live authentically and with joy should also be considered. There are many misconceptions about women in business, such as the belief that women have to give up something to succeed or that they don't have the time or resources to start a business. The Female Hustle Gene podcast will provide a mix of fun banter and serious discussions on topics related to entrepreneurship and personal growth. Growing a venture comes with various challenges, including financial constraints, resource limitations, and competition. To overcome these challenges, entrepreneurs need to be adaptable, resilient, and willing to learn from failures. Building strong partnerships with like-minded individuals and organizations can provide valuable support and resources. Collaboration and intermingling between ventures can lead to mutual growth and success. Chapters 00:00 Introduction and Background 01:28 Starting the Entrepreneur Coaching Program 06:43 Mission of the Coaching Collective 08:58 Differentiators and Unique Approach 17:43 Challenges Faced by Women in Business 23:21 Significant Hurdles in Career 31:07 Long-term Goals and Measurement of Success 35:20 Advice for Women Starting Out 37:39 Common Misconceptions About Women in Business 41:40 Sneak Peek of Upcoming Podcast 43:15 Conclusion and Thank You

Feat. Rory McShane, From High Interest Rate Debt to Scaling a $30 mil.+ Business

Summary In this episode, Jennifer Butterfield interviews Rory McShane, founder of McShane LLC, about his journey in entrepreneurship and personal finance. Rory shares his upbringing in a financially conservative home and the contrasting financial habits of his parents. He discusses how his relationship with money evolved over time and the importance of living within one's means. Rory emphasizes the value of hard work and determination in building a successful business. He also highlights the use of data in business strategy and the challenges of scaling a company. The episode concludes with a discussion on the principle that has guided Rory's success: hard work. Takeaways Living within your means is crucial for financial stability and success. Instant gratification and consumer debt can hinder long-term financial goals. Entrepreneurship requires a mindset of hard work, determination, and the ability to adapt to challenges. Using data in business strategy can lead to more targeted and effective decision-making. The principle of hard work is a key factor in achieving success in business and personal finance. Chapters 00:00 Introduction and Background 01:00 Personal Finance Upbringing 03:09 Changing Relationship with Money 04:40 Living Within Your Means 07:44 Instant Gratification and Consumer Debt 09:04 The Mindset of Entrepreneurship 11:46 Starting and Scaling a Business 17:44 Charge the Hill Mentality 20:25 Challenges of Scaling 28:37 Using Data in Business Strategy 33:27 Principle for Success: Hard Work 34:58 Conclusion

Feat. Christie Leslie of @thefinancialworkout_ on Financial Goal Setting

Summary In this episode, host Jennifer Butterfield interviews Christie Leslie, co-founder of The Financial Workout, about financial goal setting. They discuss topics such as personal finance upbringing, developing healthy financial habits, lifestyle creep, and the importance of financial goal setting. They also explore common financial goals, strategies for effective goal setting, and challenges and mistakes to avoid. The conversation covers balancing priorities, motivation and accountability, and available resources for financial goal setting. The episode concludes with personal advice for starting the financial journey and a key takeaway to start small and stay consistent. Takeaways Developing healthy financial habits is crucial for long-term wealth and financial security. Setting realistic financial goals is important and can be achieved through strategies like SMART goals. Balancing priorities, such as saving for retirement and building an emergency fund, is essential throughout different life stages. Motivation and accountability play a significant role in achieving financial goals. Utilizing available resources and support, such as financial planners and educational materials, can greatly assist in financial goal setting. Chapters 00:00 Introduction and Background 02:17 Personal Finance Upbringing 04:02 Developing Healthy Financial Habits 05:15 Lifestyle Creep and Financial Goal Setting 06:13 Importance of Financial Goal Setting 07:27 Common Financial Goals and Realistic Goal Setting 09:00 Strategies for Effective Financial Goal Setting 10:21 Strategies for Saving Money 11:26 Choosing the Right Savings Accounts 13:17 Challenges and Mistakes in Financial Goal Setting 17:58 Percentage of Income for Saving and Investing 20:07 Balancing Priorities: 401k and Emergency Fund 22:29 Balancing Goals Throughout Life's Milestones 25:19 Motivation and Accountability in Financial Goal Setting 28:01 Resources and Support for Financial Goal Setting 30:22 Personal Advice for Starting the Financial Journey 31:39 Key Takeaway: Start Small and Stay Consistent 33:28 Host Closing Remarks IG: https://www.instagram.com/thefinancialworkout_/ [https://www.instagram.com/thefinancialworkout_/] Financial Planner: 2024 Financial Planner [https://www.amazon.com/dp/B0CNKPVJP1/ref=cm_sw_r_as_gl_api_gl_i_REHBE07ZJ9GN3QBDXG7A?linkCode=ml1&tag=trialbyjennif-20]

Feat. Rachel Rhodes, Licensed Texas Mortgage Broker on the 2008 Housing Crisis and the Barrier-to-Entry in 2024

Summary Rachel Rhodes, a licensed mortgage broker, discusses the factors leading to the 2008 housing crisis, including unethical lending practices and unqualified home buyers. She explains the impact of the crisis on the housing market and the economy. Rachel also delves into the Federal Funds Rate and its influence on mortgage interest rates. She highlights the importance of prequalification and the regulations surrounding it in today's market. In this conversation, Jennifer Butterfield and Rachel Rhodes discuss the process of pre-qualification and making an offer in the real estate market. They also explore the impact of business corporations moving to Texas and the benefits of moving to the state. The conversation highlights the competitive seller's market in Austin and the fluctuating interest rates. They emphasize the importance of investing in real estate and taking a long-term perspective on homeownership. The conversation concludes with advice to not be afraid and to embrace the unknown in the homebuying process. Takeaways Unethical lending practices and unqualified home buyers were major factors contributing to the 2008 housing crisis. The Federal Funds Rate, inflation, and federal debt play a significant role in determining mortgage interest rates. Prequalification is an essential step in the home buying process, and it is crucial to understand the regulations and requirements. Pre-qualification is based on factors such as income and debt. A pre-qualification letter is given to the realtor to indicate the type of loan and purchase price amount. The housing market in Austin has been highly competitive, with buyers making offers above the asking price. It is important to consider the long-term perspective and potential for growth when purchasing a home. Using equity from a property or turning it into an investment property can help in purchasing a dream home. First-time homebuyers should not be discouraged by the current economic state and should consider the benefits of homeownership. The buy down option is available for college students to start with a lower interest rate and gradually increase it as their income grows. Spouses both need to be first-time homebuyers to qualify for certain programs. Don't be afraid of the unknown and take the leap into homeownership. Chapters 00:00 Introduction and Background 02:58 Personal Finance Upbringing 05:41 Factors Leading to the 2008 Housing Crisis 09:46 Unethical Lending Practices and Qualified Home Buyers 17:16 Impact of the Housing Crisis and Foreclosures 25:33 The Federal Funds Rate and Mortgage Industry 35:13 Prequalification and Today's Regulations 48:02 Factors for Pre-Qualification 49:10 Using Pre-Qualification Letter 50:24 Competitive Seller's Market 51:23 Steps to Make an Offer 52:04 Impact of Business Corporations Moving to Texas 53:00 Benefits of Moving to Texas 53:34 Housing Market in Austin 54:46 Fluctuating Interest Rates 55:34 Importance of Investing in Real Estate 56:04 Long-Term Perspective on Homeownership 57:13 Considerations for First-Time Homebuyers 58:12 Using Equity to Purchase Dream Home 59:05 Real Estate Investment Strategy 01:00:13 Buy Down Option for College Students 01:01:28 Case Study: Purchasing a Duplex 01:03:13 Considerations for Older First-Time Homebuyers 01:07:39 Nervousness and Paperwork in Homebuying 01:08:12 Buy Down Option for College Students 01:11:09 Spousal Qualification for First-Time Homebuyer 01:12:24 Don't Be Afraid

Feat. Terri Lasater on Serial Entrepreneurship, Childrearing and Female Empowerment

Summary In this episode, host Jennifer Butterfield interviews Terri Lasater, a serial entrepreneur and owner of multiple businesses. They discuss topics such as personal finance, negotiating in a male-dominated industry, the growth of Domain Construction, the inception of Daddy's Barber Shop, balancing motherhood and entrepreneurship, and empowering women. Terri shares her experiences and offers advice for new moms and business owners. In this conversation, Terri Lasater shares insights and advice for mothers navigating the challenges of motherhood while pursuing their creative passions. She emphasizes the temporary nature of this phase and encourages mothers to plan their creative endeavors and seek advice from other experienced mothers. Terri also discusses her new endeavor with her business partner to empower women entrepreneurs and provide coaching and resources to help them overcome obstacles and reach their goals. The conversation concludes with a reminder to believe in oneself and the availability of answers to guide individuals through their journeys. Takeaways Personal finance education is crucial for financial success and should be taught at an early age. Negotiating in a male-dominated industry requires confidence, knowledge, and the ability to gain trust. Balancing motherhood and entrepreneurship requires flexibility, support from the community, and being kind to oneself. Empowering women involves changing societal narratives, providing resources and support, and creating opportunities for autonomy and success. Domain Construction https://www.domainconstructiontx.com/ [https://www.domainconstructiontx.com/] Daddy's Barbershop in Austin, Texas. https://www.daddysbarbershop.com/ [https://www.daddysbarbershop.com/] Chapters 00:00 Introduction and Background 03:11 Personal Finance and Entrepreneurship 09:02 Negotiating in a Male-Dominated Industry 14:28 Growth of Domain Construction 15:25 Accidental Entry into Construction 24:17 Daddy's Barber Shop 29:41 Balancing Motherhood and Entrepreneurship 40:35 Empowering Women 44:24 Advice for New Moms and Business Owners 45:52 Navigating the Challenges of Motherhood 48:16 Empowering Women Entrepreneurs 51:18 Supporting Women in Business and Motherhood 52:35 Believing in Yourself and Finding Answers